Two commonly used linear or logarithmic scales are commonly used to represent prices in graphs. In linear graphs, each price increase is assumed to be the same. For example, climbing from 10 to 20 is shown as climbing from 40 to 50, meaning that in both cases, 10 climbing units are perpendicular to the vertical axis.
In logarithms, price changes are expressed as a percentage. That is, the price movement from 10 to 20 (100 percent equivalent) is much larger than the price movement from 40 to 50 (20 percent equivalent). The difference between logarithmic and arithmetic graphs in the long run is very important, so many analysts also use logarithmic diagrams in their long-term analysis. (See this tutorial for further information)
Download the following indicator and paste it into MQL5 \ Experts \ Advisors. And use.
In logarithms, price changes are expressed as a percentage. That is, the price movement from 10 to 20 (100 percent equivalent) is much larger than the price movement from 40 to 50 (20 percent equivalent). The difference between logarithmic and arithmetic graphs in the long run is very important, so many analysts also use logarithmic diagrams in their long-term analysis. (See this tutorial for further information)
Download the following indicator and paste it into MQL5 \ Experts \ Advisors. And use.